More accurate represenation of the dow idea with the index chart rather than the stock chart published previously. Short 24729 region , prelim target 23909. Trail with DA stop Price is gaining downward momentum towards sell region.
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price is retracing its upward spike as expected.
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price accelerated downward in early trading this morning current running profits from entry arx 20% up on account value.
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price faded the upward spike to knock positions, continuing downside momentum aprx 23.5% up on account value.
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3 hours on the account value up 33%
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retraced of lows, will see what happens in coming hours, account value still up over 25%; still anticipating further downside pressure.
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equities up in early trading, likely reversal zone 24553 aprx. If it rips up will tend to fade it but we will see what happens after GDP.
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GDP 2.2 vs 2.3 forecast, catalyzing downside momentum; hopefully is sustained by people fading the rally.
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upside spike seems to be fading nicely high aprx 24544 within the 24553 level stated 2 hours ago.
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forgot to update yesterday, the price went up to around entry level, was a great opportunity to enter another put order, on this occasion did not though. Original trade still on, trailed with the 4CHB dynamic (my dynamic) and is up approx 15% with the drop today; so far. Stop now on Wednesdays high per system stipulation. Will update asap.
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Spiked up for short cover, AC value up 14.3%.
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AC value up 17.8% since Monday
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Canada announces retaliatory tariffs, ACV =+19.4%
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Friday likely to post a high from current price aprx 24578 level. Then imo a follow-through short push Monday > Tuesday.